Nutriband Inc. Reports Q2 2026 Revenue of $0.6M, Highlighting 50% YoY Growth in Contract Manufacturing Sales

Reuters09-12
<a href="https://laohu8.com/S/NTRB">Nutriband Inc.</a> Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2026 Revenue of $0.6M, Highlighting 50% YoY Growth in Contract Manufacturing Sales

Nutriband Inc. reported its Q2 2026 financial results, showing a revenue increase to $0.6 million, driven by a 50% year-over-year rise in contract manufacturing revenue, largely due to increased kinesiology tape production through Pocono Pharma. The company concluded the quarter with $6.9 million in cash. A significant development includes the upcoming FDA Type C meeting scheduled for September 18, 2025, to discuss the Phase 1 clinical trial for the AVERSA Fentanyl patch, which integrates an opioid with Nutriband's proprietary abuse-deterrent technology. The company intends to extend the AVERSA platform to Buprenorphine, a key treatment for opioid dependence. Analysts have maintained an Outperform rating for Nutriband Inc., with a target price of $15, citing the company's strategic focus and growth in contract revenues as supportive of its clinical development efforts.

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